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Cancellation of the OPay IPO: Reverse Transactions and Commission Refund

Cancellation of the OPay IPO: Reverse Transactions and Commission Refund

Freedom News

3 ноября 2026, 14:20

On October 30, 2026, OPay Limited (NYSE: OPAY) decided not to proceed with its previously announced initial public offering (IPO). The underwriting agreement dated October 29, 2026 was terminated by mutual agreement between the issuer and the underwriters.

On November 2, 2026, clients' transactions involving OPAY shares on the ITS trading platform were closed out through reverse transactions. The commissions charged will be refunded to the brokerage accounts of the affected clients no later than November 3, 2026. The final results of the transactions are reflected in the clients' account statements.

If you have any questions regarding the cancellation of the IPO, please contact your personal manager or Freedom Investments Customer Support.

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